Market Analysis | ForkLog

ForkLog 7 05.10.2021

Glassnode: Bitcoin rebounds from a strong accumulation zone

Bitcoin price jump after high on-chain activity in a range around September's low levels strengthened optimism about the prospects of digital gold in Q4 2021, according to Glassnode analysts.

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ForkLog 25 27.09.2021

dYdX tops Coinbase in trading volume

Decentralized derivatives exchange dYdX has, for the first time, surpassed Coinbase's spot markets in trading volume.

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ForkLog 21 22.09.2021

Leaked slides reveal Chainalysis investigators’ methods

Documents from an undated Chainalysis presentation to the Italian police demonstrated the tools the firm uses to collect information about crypto transactions and users. CoinDesk reports.

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ForkLog 30 21.09.2021

Glassnode: Evergrande uncertainty spurs hodlers to sell

Driven by the uncertainty surrounding Evergrande, the risk-off move prompted long-term Bitcoin holders to sell. However, price action and on-chain data proved broadly resilient, according to Glassnode analysts.

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ForkLog 18 15.09.2021

Morgan Stanley to establish cryptocurrency research unit

One of the leading US investment banks Morgan Stanley appointed Sheena Shah as head of cryptocurrency research. This appointment marks 'a recognition of the growing importance of digital assets,' Bloomberg reports.

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ForkLog 29 14.09.2021

Glassnode: Recent Bitcoin slump did not shake long-term investors’ sentiment

The sharp pullback in Bitcoin price last week, driven by liquidations in the crypto-derivatives market, did not shake long-term investors' resolve to hold the coins they acquired.

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ForkLog 20 11.09.2021

State media in China warn of NFT sector bubble

Publications controlled by the ruling Communist Party of China, Securities Times and People’s Daily warned citizens against buying non-fungible tokens (NFTs) due to a potential bubble in the sector.

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ForkLog 8 07.09.2021

Glassnode: miners did not derail market recovery after May correction

Last week miners sold 2,900 BTC, but that did not stop Bitcoin's rise above $50,000. On-chain metrics continued to indicate the predominance of 'accumulation' among traders and inflows of capital from institutional investors, according to the latest Glassnode report.

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ForkLog 15 07.09.2021

Solana tops $190, overtaking Dogecoin and Polkadot in market capitalization

Solana rose more than 30% in the last 24 hours, surpassing the $190 price level.

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ForkLog 10 27.08.2021

US Congress Reconsiders Plan to Regulate Cryptocurrencies

A group of U.S. congressmen has reintroduced two bills that would require the CFTC to clarify regulation of the digital asset market.

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ForkLog 14 26.08.2021

Ethereum hash rate hits an all-time high

The Ethereum network's hash rate reached 646.7 TH/s, setting a new all-time high, according to data from Etherscan.

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ForkLog 9 17.08.2021

Experts See Signs of the Crypto Market Moving into FOMO Mode

Mining pools are accumulating reserves, withdrawals from exchange wallets, and growth in net unrealized profit in the Bitcoin network as prices rise, suggesting a chance of a FOMO effect. This is the view of Glassnode analysts.

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